There’s not a lot of movement in the premarket Tuesday morning, and it’s a pretty quiet day as far as Federal Reserve data ahead of Thursday’s GDP report.
We have Netflix reporting after the close today, which will definitely move tech stocks — watch these stocks the last half-hour of the day.
The expected move higher or lower for NFLX is 8%, or about $40.
GE reported earnings this morning before the open and is rising after falling almost 7.5%, and it will open down around 1% to 1.5%.
The more broad earnings get, the more volatility we’ll see — which I’ll discuss in today’s VIP Room at noon ET!
Most energy stocks are doing well and crude oil is almost up to its 200-day moving average. We also have a lot more volume coming in, and higher lows, so keep an eye on crude oil.
I’ll cover all that and more in this morning’s “Premarket Must Watch” video!
Roger Scott
Roger Scott Trading
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P.S. WARNING: ‘The U.S. Is Starting 2024 With Its Second Largest COVID Surge Ever’
I’m sure everyone is long past tired of hearing about COVID-19, but the truth is it’s not going anywhere…
And I have new data that points to a big surge coming for shares of vaccine-maker Moderna in February — I’m talking as much as 15%!
Is this because of another big COVID wave, or something even bigger?
Everything you need to see is inside three documents that I have in my possession. And I’m going to share this info with everyone live at 1 p.m. ET on Wednesday.
You need to see what’s inside these documents right away…
Not only because I believe it could lead to the most explosive stock opportunity we’ve seen yet this year…
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Don’t wait to see what’s inside before it’s too late…
